Accounts Payable Executive

About Parag Milk Foods

Parag Milk Foods Ltd, founded in 1992, is one of India's elite private sector dairy company, with a diverse portfolio in over 15 consumer centric product categories. We pride ourselves for providing the best global source of expertise and scientific knowledge in support of the development and promotion of quality cow’s milk and milk products, to offer consumers nutrition, health and well-being

Role Title – Accounts Executive (AP)

1. *Invoice Processing*:
You'll be responsible for accurately processing invoices received from vendors, ensuring completeness and adherence to company policies and procedures.

2. *Payment Processing*:
Managing the payment process by scheduling and issuing payments to vendors in a timely manner, while taking advantage of any available discounts and adhering to payment terms.

3. *Vendor Management*:
Building and maintaining relationships with vendors, addressing inquiries and resolving issues related to invoices, payments, and account statements.

4. *Expense Reimbursement*:
Processing employee expense reports, verifying receipts and compliance with expense policies, and reimbursing employees for approved expenses.

5. *Account Reconciliation*:
Reconciling vendor statements with accounts payable records to ensure accuracy and identify any discrepancies or outstanding balances.

6. *Reporting and Analysis*:
Generating reports on accounts payable aging, cash flow projections, and payment performance to support financial analysis and decision-making.

Location - Nariman Point, Mumbai